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Reese Buys Securities in a Pharmaceutical Company for $3300

Question 56

Multiple Choice

Reese buys securities in a pharmaceutical company for $3300. After a period of eight months, when the prices of the securities go up in the market, she sells her securities for $3700. In this case, the difference of $400 in the prices of the securities is called:


A) a price override.
B) price dispersion.
C) thrift.
D) the spread.

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